Says benefiting from customers’ increased investment in traditional and alternative energy offshore projects. Says financial position remains ‘very strong’. Expects to further enhance liquidity position, reduce net debt in future quarters. Expects U.S. activity to recover in 2024 from current levels. Says executing well given current market environment. Says revenues in offshore manufacturing segment are expected to continue to grow. Expects well site services continue to perform in line with market indicators. Says remains focused on optimizing operations. Say will continue to focus on core areas of expertise. Comments taken from Q3 earnings conference call.
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